Most professional traders make their trading decisions basing on the readings of various technical indicators. All technical traders (especially those who use Meta Trader 4 or 5) face the problem of choosing good, reliable indicators.
The most popular standard indicators are:
· Fibonacci levels
· Moving averages (MAs)
· RSI
· Stochastic indicators etc
However, there are custom indicators. They are not built in the trading platform. They are developed by private users and can be integrated into the platform like Meta Trader 4 or 5.
SACS: Trading System Based On Custom Indicators
SACS stands for Special Automated Channel System. The system is developed by the experts of – Best Forex Training Project 2008-2011.
According to Eugene Antipenko, Chief of the Mid-Term Trading Department of , it is all about becoming a successful professional trader. Financial freedom is motivation. With SACS, it is really possible to trade Forex successfully. But firstly, it is necessary to take into account the following information:
· Put aside all your previous knowledge because SACS is a self-sufficient and profitable trading system.
· When organizing your trading environment, use a permanent set of indicators. No extra tools or other components are added during the process of learning and mastering the system. The only criteria that let students change their working environment are successful graduation and earning stable profit on а demo account.
· Single-broker rule applies. Various brokers can give different quotes. In order to avoid misunderstanding or misinterpretation, all the students must open a demo trading account with the same broker.
SACS: Itroduction
The trading system is based on several custom indicators:
1. ATEI.BI:
2. ATEI.TRA:2.
3. Volatility Indicator. ATEI.SAKS.Channel:
4. ATEI.SAKS.Oscillator:
According to the developers, the hardest and most crucial thing about SACS is to learn how to analyze charts with different timeframes and to combine the information into a single picture for making correct trading decision. If you master these technique, you have passed 70% of your way to success!
In order to simplify the process, they use profiles in Meta Trader. A profile is some kind of a trading environment consisting of several charts with different timeframes and attached indicators and charting tools.
The working environment of SACS consists of 4 parts:
· Major trend. Monthly chart.
· Strategy. Daily chart.
· Tactics. Н1 chart.
· Decision making. М15 chart.
The introduction is over. In order to make a profile we will need the following tools:
· New chart
· Profiles
· Window
· Templates
Therefore, by utilizing the products developed by the Mid-Term Trading Department of , it is possible to become a professional who trades Forex successfully.
The next articles of the SACS series will be devoted to each of the indicators the SACS trading system is based on.
Market Leader and would appreciate if you could participate in a survey. Please, visit the Academy’s forum for traders and investors and answer the following question:
To your mind, what technical indicators are the most profitable?
